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24-26) Moving Forward Company (MFC), a producer of cardboard boxes, has the following information: Income tax rate 30 percent Selling price per unit $2.25 DM
24-26) Moving Forward Company (MFC), a producer of cardboard boxes, has the following information: Income tax rate 30 percent Selling price per unit $2.25 DM per unit $0.65 DL per unit $0.15 Variable MOH per unit $0.75 Total monthly fixed costs $34,000 24) Calculate MFC's break even in units (to nearest unit) 25) Calculate MFC's break even in dollars (to nearest dollar) 26) If MFC sell 50,000 boxes this month, calculate their expected Net Income (to nearest dollar)
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